Tag Archives: Distribution Companies

NERC to apply principles of prudence, affordability in tariff review

NERC to apply principles of prudence, affordability in tariff review

Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi has said the commission would apply the principles of prudence and affordability in the current upward review of electricity tariffs in the country. Amadi gave the clarification against the backdrop of reports that NERC would increase the tariffs by 40 per cent. The NERC

Power firms in Nigeria lack capacity building – NBET

Power firms operating in Nigeria, especially in the electricity distribution subsector lack requisite capacity building initiatives, the Nigerian Bulk Electricity Trading Company Plc. (NBET) has disclosed. NBET’s Managing Director/Chief Executive Officer, Mr. Rumundaka Wonodi, made the disclosure while receiving a team from Deloitte Global, an international consultancy firm, at the headquarters of the bulk trader


Consumers, Discos To Decide Electricity Tariff – NERC

Electricity consumers and the Distribution Companies (Discos) will now jointly determine electricity tariff to be paid by consumers the Nigerian Electricity Regulatory Commission (NERC) has said. NERC chairman, Dr Sam Amadi, disclosed this yesterday in Abuja while briefing journalists shortly after the monthly meeting held with heads of the various companies in the electricity industry.

Electricity Distribution Companies Defy NERC on Estimated Bills

Despite a recent warning by the Nigerian Electricity Regulatory Commission (NERC) that meters must be read and electricity customers charged accordingly, the electricity distribution companies have continued to slam over-estimated bills on consumers, THISDAY’s investigation has revealed. Following public outcry on the fixed charges on electricity bills, which had prompted protests by consumers in some

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